Apple Inc which not long ago was popular for its computing product portfolio, is witnessing significant revenues from its mobile devices business which is mainly derived from iPhones. Announcing its quarter four results ended September 26, 2009, the company registered revenues of $ 9.87 billion with profit of $ 1.67 billion or $1.82 per diluted share and gross margin of 36.6%. Compare this to revenues of $ 7.9 billion and profit of 1.14 billion or $1.26 per diluted share at a gross margin of 34.7 % posted last year. The profit surge is seen at 47 %.

The company sold 3.05 million Macintosh computers during the quarter, representing a 17 percent unit increase over the year-ago quarter. 10.2 million iPods were sold during the quarter, representing an 8% unit decline from the year-ago quarter. Apple sold 7.4 million iPhones in the quarter, representing seven percent unit growth over the year-ago quarter.

“We are thrilled to have sold more Macs and iPhones than in any previous quarter,” said Steve Jobs, Apple’s CEO. “We’ve got a very strong lineup for the holiday season and some really great new products in the pipeline for 2010.”

“We are delighted with our September quarter and fiscal 2009 results,” said Peter Oppenheimer, Apple’s CFO. “For the full year, we grew revenue by 12 percent and net income by 18 percent in extraordinarily challenging times. Looking ahead to the first fiscal quarter of 2010, we expect revenue in the range of about $11.3 billion to $11.6 billion and we expect diluted earnings per share in the range of about $1.70 to $1.78.”

The results are noteworthy since market leaders Nokia and Sony Ericsson have both posted negative results.

The positive performance was strongly welcome on the stock exchanges as the share price of the company witnessed a 52 week high of $ 201.75.